Macro Finance
BlackRock: $2.1T in GCC Capex By End of Decade
Bloomberg Markets·September 2, 2026·1 min read
BlackRock Investment Institute's Ben Powell says the Middle East conflict is likely to accelerate the GCC's push toward economic resilience, diversification and greater self-reliance. He expects more regional capital to be deployed domestically, with investment spanning infrastructure, AI, energy and security as Gulf states seek to reduce exposure to strategic choke points.
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